Commercial Real Estate

San Diego has become a more favorable place for real estate investing among big money players across North and South America, said a study released Friday.

The annual report from commercial real estate firm CBRE is a survey of multimillion-dollar investment groups — from insurance companies to pension funds — that asks where they are investing and why.

How San Diego is ranked: America’s Finest City was ranked No. 11 among most desirable places to invest in real estate, including industrial, multifamily, office and retail. The city moved up from No. 17 last year. Louay Alsadek, an executive vice president at CBRE, said investors are drawn to the San Diego...

Related "Commercial Real Estate" Articles

San Diego has become a more favorable place for real estate investing among big money players across North and South America, said a study released Friday.
The annual report from commercial real estate firm CBRE is a survey of multimillion-dollar...

Just a year after opening the tony Pendry hotel in downtown San Diego, developer Robert Green is hoping to open a second Gaslamp Quarter hotel, which would be located on the block occupied by the now closed Dick’s Last Resort.
While in the very early...

The San Diego County office market outlook has turned decidedly positive, according to the recently released Allen Matkins UCLA Anderson Forecast.
The industrial building outlook has dropped slightly since the June survey but it is still considered...

With San Diego's move to buy an Imperial Avenue building for a new homeless "navigation center," some East Village downtown property owners are saying it’s the last straw.
The city has announced it will spend $7 million to buy 1401 Imperial Avenue and...

Developer has been granted an extension to Oct. 17, 2019, to start construction on seven-story hotel next to Oceanside High School.City approved permits for the site in 2005 that later expired; current proposal approved in 2012.Amidi Real Estate Group...

Pechanga’s massive growth spurt has spread beyond the casino.
On Friday, the Pechanga Band of Luiseño Indians announced it had purchased the Temecula Creek Inn golf resort from La Jolla-based JC Resorts for an undisclosed price.
Earlier in the week, a...

In the span of a year, the number of hotel rooms under construction in San Diego County doubled, outpacing all other counties in Southern California.
New year-end figures released by Orange County-based Atlas Hospitality Group document a continued...

San Diego County slipped from 23rd to 32nd in a national ranking of developer and builder interest among 78 metro areas covered in the Urban Land Institute’s annual “Emerging Trends” report.
The top market was Seattle, followed by Austin, Texas; Salt Lake...

A San Diego attorney has asked the Office of Congressional Ethics to investigate Rep. Darrell Issa for not reporting a business he owns in an ethics report.
Gil Cabrera said that Issa, R-Vista, violated the Ethics in Government Act by failing to report...

Major changes to the tax code approved Wednesday by Congress could mean luxury homes in San Diego County will have more buyers, or at the least, see no noticeable change in sales.
The new tax plan reduces the mortgage interest deduction on new loans up...

A San Diego businessman and a lawyer from Arizona were sentenced to lengthy terms in federal prison for their roles in a multi-million real estate loan fraud.
Cortland Gettel, 43 of Coronado was sentenced to 135 months in prison and Jeffrey...

The developer of a $300 million hotel complex planned for the same bayfront site as a proposed convention center expansion has filed suit against the city of San Diego, claiming that it is interfering with its contractual right to move forward with its...

To attract young renters to his projects, architect-developer Mike Burnett believes in designing around parties.
“Always design for the party — this is very important in a site plan,” Burnett, 40, told San Diego apartment owners and managers last week....

A proposed hotel, spa and condos that capitalize on Carlsbad’s 135-year-old mineral water wells got the go-ahead this week for construction on a small vacant lot near the historic business along Carlsbad Boulevard.“This is basically … a scaled-down...

DiamondView East Village, the 15-story office tower adjacent to Petco Park, has been sold for $207 million in what may be a record price per square foot in the county.
Dennis Cruzan, whose company Cruzan bought the 305,255-square-foot building with CIGNA...

Two neighboring downtown high-rises — at one time bank headquarters — have been sold for a combined $167.2 million.
Together, the two transactions present a 63.6 percent increase in value over the two prior sales, a reflection of the tightening...

The mortgage interest deduction and the state and local property tax deduction are probably the best-known tax incentives for homeownership and real estate investment.
That’s no surprise. Roughly 9 out of 10 home buyers borrow money to buy a home

Twice before they’ve won big victories, but the hundreds of members of the Escondido Country Club Homeowner’s Organization (ECCHO) are back to square one and facing perhaps their biggest challenge yet over the future of the club’s former golf course.
...